NAV CANADA announces deal with its financial officers
Nov. 14, 2013, Ottawa - NAV CANADA today announced that members of the Association of Canadian Financial Officers (ACFO) have ratified a new collective agreement reached between the union and NAV CANADA.
The three year collective agreement covers the period February 7, 2014 to February 6, 2017. Effective each of February 7, 2014 and August 7, 2014 wages are increased by 1 per cent and effective each of February 7, 2015 and February 7, 2016 wages are increased by 2 per cent.
Also included in this agreement is the introduction of a new hire pension plan arrangement effective January 1, 2014 plus other measures which, once implemented, would assist in sustaining the legacy pension plan for current employees on a long term basis.